June 20, 2024
A federal appeals court has declined to intervene in state regulatory proceedings in Maryland involving allegations of redlining by Erie Insurance, despite Erie’s complaints that the regulator has already shown bias against it and is likely to do so again. …
January 22, 2024
Erie Strategic Ventures, the venture capital arm of Erie Insurance, has announced investments in three new portfolio companies: Wagmo, Roots Automation and Trust & Will. The three investments support startups operating in tech-enabled pet wellness and insurance, AI-powered insurance operations …
October 6, 2023
Erie Insurance Co. is taking its tiff with the Maryland insurance commissioner over the handling of discriminatory practices findings to federal appeals court. The insurer maintains that the Maryland Insurance Administration has not afforded it adequate opportunity to respond to …
August 22, 2023
A federal judge has dismissed an Erie Insurance complaint over how the Maryland insurance regulator has been handling allegations that the insurer unfairly discriminated against communities served by Black insurance agents in the Baltimore area. On June 12, Judge Julie …
June 15, 2023
A judge has given Erie Insurance and the Maryland insurance regulator 60 days to settle their differences related to allegations that the insurer unfairly discriminated against Black insurance agents in the Baltimore area and that the regulator acted arbitrarily and …
October 20, 2022
A federal judge has dismissed 32 lawsuits over COVID-19 business interruption insurance claims against Erie Insurance, concluding the claimants failed to “plausibly plead” that they are entitled to coverage under their Erie policies. The ruling by U.S. District Judge Mark …
October 19, 2022
A federal judge has dismissed 32 lawsuits over COVID-19 business interruption insurance claims against Erie Insurance, concluding the claimants failed to “plausibly plead” that they are entitled to coverage under their Erie policies. The ruling by U.S. District Judge Mark …
October 4, 2022
Despite near constant disruption from the twin forces of digital transformation and economic uncertainty, independent insurance agents have never been more satisfied with their carrier partners. According to the J.D. Power 2022 U.S. Independent Agent Satisfaction Study, overall agent satisfaction …
August 25, 2022
Pennsylvania-based Erie Insurance has launched Erie Strategic Ventures to invest in innovations in risk avoidance, claims, underwriting, digital sales, agency productivity, and products and services for home, families and small businesses. Erie said the venture fund is stage and geography …
March 16, 2022
Erie Insurance announced that Parthasarathy “Partha” Srinivasa has been named the company’s next executive vice president and chief information officer (CIO), effective April 4.Srinivasa comes to Erie from Verisk Analytics, one of the world’s largest data analytics firms with customers …